State Senate, Sacramento, California - Noting that the state's economic recovery
has been a slow and uneven one, Senator Mike Morrell (R-Rancho Cucamonga)
announced that he has authored legislation to increase the confidence of
small businesses as they decide to either locate or invest in California.

"California should have everything going for it. With our diverse
geography, desirable climate, and world-class colleges and universities, our
state holds incredible promise," says Senator Morrell. "Yet
the unfortunate reality is that the state continues to have a reputation for
high taxes and burdensome regulations.

Doing business
in California is cost prohibitive, which slows our economy and prevents
careers from getting off the ground. Our state needs to reverse this trend,
assuring small businesses that if they open their doors here, they will have
every opportunity to maximize their potential and create jobs."

Senate Bill
- 248 would provide a startup incentive to new small businesses by
cutting the minimum franchise tax in half from $800 to $400 for the five
years of operation following the first taxable year.

Senate Bill
- 555 would hold state agencies to greater accountability for
decisions impacting jobs and the economy by requiring an automatic review of
regulations five years after their adoption and implementation.

Facts about California's burdensome
regulatory environment and high tax rates: